Autodesk, Inc. $ADSK Holdings Increased by Robeco Schweiz AG

Robeco Schweiz AG raised its position in Autodesk, Inc. (NASDAQ:ADSK) by 2.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 524,042 shares of the software company’s stock after purchasing an additional 11,162 shares during the period. Autodesk accounts for 2.0% of Robeco Schweiz AG’s investment portfolio, making the stock its 14th biggest position. Robeco Schweiz AG’s holdings in Autodesk were worth $109,525,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Quantinno Capital Management LP grew its position in Autodesk by 17.8% during the first quarter. Quantinno Capital Management LP now owns 385,572 shares of the software company’s stock worth $92,306,000 after buying an additional 58,285 shares in the last quarter. Deutsche Bank AG bought a new position in Autodesk in the 2nd quarter worth about $322,851,000. Seilern Investment Management Ltd raised its holdings in shares of Autodesk by 11.0% in the 2nd quarter. Seilern Investment Management Ltd now owns 227,675 shares of the software company’s stock valued at $44,265,000 after acquiring an additional 22,547 shares in the last quarter. Green Alpha Advisors LLC purchased a new stake in shares of Autodesk in the 2nd quarter valued at about $561,000. Finally, State Street Corp raised its holdings in shares of Autodesk by 2.9% in the 2nd quarter. State Street Corp now owns 10,268,172 shares of the software company’s stock valued at $1,996,338,000 after acquiring an additional 284,621 shares in the last quarter. 90.24% of the stock is owned by institutional investors.

Analyst Ratings Changes

ADSK has been the subject of a number of research analyst reports. Wall Street Zen upgraded Autodesk from a “hold” rating to a “buy” rating in a research report on Sunday. UBS Group restated a “buy” rating on shares of Autodesk in a research report on Thursday, September 24th. Robert W. Baird raised their target price on shares of Autodesk from $312.00 to $325.00 and gave the company an “outperform” rating in a research note on Friday, August 21st. Cantor Fitzgerald began coverage on shares of Autodesk in a research note on Monday, September 14th. They issued a “neutral” rating and a $215.00 target price on the stock. Finally, Berenberg Bank set a $333.00 target price on shares of Autodesk in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Autodesk has a consensus rating of “Moderate Buy” and a consensus price target of $316.84.

Autodesk Price Performance

Shares of Autodesk stock opened at $252.20 on Friday. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $52.71 billion, a PE ratio of 32.63, a price-to-earnings-growth ratio of 1.67 and a beta of 1.33. The business’s 50-day moving average price is $232.12 and its 200-day moving average price is $228.31. Autodesk, Inc. has a 12 month low of $185.50 and a 12 month high of $320.00.

Autodesk (NASDAQ:ADSK) last announced its quarterly earnings data on Thursday, August 27th. The software company reported $3.30 earnings per share for the quarter, beating analysts’ consensus estimates of $3.12 by $0.18. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.01 billion. Autodesk had a return on equity of 58.63% and a net margin of 21.08%. Autodesk’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same period last year, the firm posted $2.62 EPS. Autodesk has set its FY 2027 guidance at 12.520-12.600 EPS and its Q3 2027 guidance at 3.040-3.090 EPS. Sell-side analysts forecast that Autodesk, Inc. will post 9.70 EPS for the current fiscal year.

Autodesk Company Profile

Autodesk, Inc develops software and cloud-based services for the architecture, engineering, construction, manufacturing, media and entertainment industries. Its products help customers design, visualize, simulate and manage projects, products and digital content throughout their lifecycles.

The company’s portfolio includes AutoCAD for computer-aided design; Revit for building information modeling; Civil 3D for civil engineering and infrastructure design; Inventor and Fusion for product design and manufacturing; and Maya and 3ds Max for animation, modeling and visual effects.